2-bedroom property · BT1 3NH
To rentListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
KeyLets NI proudly bringing to the rental market this wonderful two bedroom apartment situated in one of Northern Irelands tallest and most prestigous apartment blocks.
The Obel Tower development is finished to an exceptional standard with all apartments enjoying stunning views over Belfast.
The apartment is located on the 4th floor and briefly comprises of 2 spacious double bedrooms, Ensuite, open plan living / dining room, a modern fitted kitchen, a well appointed family bathroom and good storage facilities.
Property is situated right in the heart of the City with easy access to Lanyon Place, Clarendon Dock, Titanic Quarter, Royal Avenue and much more.
For commuters Obel is close to George Belfast City Airport, Central Station and the motorway network.
Key Features Secure car parking space Double glazing Available April 2025 Fully furnished Call Keylets NI to arrange a private viewing appointment!!
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 4-04 Obel Tower, 62 Donegall Quay, City Centre, Belfast, BT1 3NH
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